Everything going as predicted. No bitcoin ETF, big dump followed by a slow but steady rise. We will see the price jumping a lot really soon,1800$ BTC soon.  I donot think so. That will only happen after the block size is increased. I've said this before, and believe it more and more now. Bitcoin's first real improvement in years could have a very good effect on it's price. Especially after the ETF-denial, current Bitcoin volatitility, emerging alt-coins and months of slow confirmations, Bitcoin could use some good news. |
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Hmmm... The poor "average user" who asks : "what happens to my BTC?" must feel really puzzled...Too bad that even the BTC experts cannot agree on how the BTC system works.  I'm using Bitcoin for more than 2 years now, and I've known about it pretty much from the start (the regrets are real there), and it's still confusing me. I'm not an expert, I'm a user. I've also noticed many users don't really understand the basics of Bitcoin, from fees to unconfirmed transactions. In my opinion as a user: transactions are either too slow, or too expensive, and "the ones in charge" disagree on how to proceed from here, up to the point that "rumors" of a hard fork are getting stronger. I also think this is damaging Bitcoin, other coins are pumping up, reducing Bitcoin's market share (as percentage of coin market cap). Another thing that's confusing: the name "BTU"! Wiki: The British thermal unit (Btu or BTU) is a traditional unit of heat; it is defined as the amount of heat required to raise the temperature of one pound of water by one degree Fahrenheit. Please don't use this abbreviation for Bitcoin Unlimited! Call it BU, BTCU, BitU or UBTC, just not BTU. Note that if Core decides that it is time for a 2 megabyte (or larger) block, Unlimited will NOT fork (unlike any legacy core nodes). It is already prepared to automatically accept those 2 megabyte blocks just fine. Meanwhile, anyone that doesn't upgrade their Core clients before the activation date for larger Core blocks will get left behind.
Why doesn't Core just do this? This discussion has been going on for too long already. Further reading (CoinDesk): Bitcoin Exchanges Unveil Hard Fork Contingency PlanI'm kinda excited to see what will happen. I just know something should happen to improve Bitcoin's user experience. |
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... since it has been quite some time that no new version of the QT wallet has been mentioned, neither some innovation to keep it going for the long term. As long as it works fine, it doesn't need "innovation". Don't get fooled by the "we need innovation"-hype. It would become ideal for Dogecoin to add SegWit to its code, and gain traction if it gains acceptance from the miners. SegWit is only needed to work around the small blocks in Bitcoin. Doge is much faster, and making a transaction is about 25,000 times cheaper than Bitcoin. There is absolutely no need for the hassle of SegWit. Nevertheless, Dogecoin is a great cryptocurrency being inexpensive and relatively stable, making it a great way to tip others or send micropayments faster than BTC at a fraction of the cost. I've always liked Doge for this. It's quite stable in dollar, the Bitcoin-value varies wildly caused by the fluctuations in Bitcoin's own value. What I don't like much about it, is how it's mined: it quickly produced 100 billion coins, and now continues to produce 5+ billion per year. See https://dogechain.info/statistics for a graph. It's designed for inflation, but that might also be what keeps fees low. |
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You got my point absolutely wrong
First of all, Bitcoin transactions cannot be scarce by definition, otherwise blocks wouldn't be full (according to your logic). There is an outright contradiction in these few sentences above, i.e. transactions are scarce while blocks are full (that's an impossible combination).
Maybe we have a different definition of the word "transaction". When I say "transaction", maybe I should have used the word "confirmed transaction". It's not that Bitcoin has a lack of people wanting to make transactions, the scarcity limits the number of possible transactions that can be confirmed. |
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Before anything, if the amount of profit obtained per block goes up, that should necessarily cause the fees to drop, nor rise (in a free market). I guess this is the first thing that should happen if there were a genuine competition between miners. This would happen in a free market. If it becomes cheaper to produce bicycles, sales prices can go down. But Bitcoin transactions are scarce. Unlike new bicycles, users have to compete with eachother. If blocks wouldn't be full, it would make perfect sense to pay a lower fee (measured in Bitcoin) if the Bitcoin-price (measured in USD) goes up. Suppose Bitcoin could handle 8 times more transactions. Fees would be lower, but more transactions means more fees anyway. And more importantly: Bitcoin could facilitate 8 times more users, which means the price could go up an order of magnitude. How can miners not see this? |
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ETH doesnt need hype, the project works, has real world usage, so the price will increase naturally.
I'm very curious to see this "real world usage". Can you provide some links about it? The only "real" usage I know of until now, is "The DOA", with "code is law" and PR like that. It turned only one person understood the code, and until now he is called "the Attacker". The bag holders saved their money by a hard fork, violating the "code is law"-thing, and proving it's centrally controlled. Any future "contract" will have the same problem: nobody can be sure he understands what the code is all about. How can anybody dare invest in that now? Sure it's going up, but it's not what it says to be. |
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Congratulations Winners of Draw 457500:
#1 First Prize: RefbackTeam wins 25 mBTC with Free Lottery Ticket #156
#2 Second Prize: rajapalak wins 12 mBTC with Free Lottery Ticket #213
#3 Third Prize: HumbeGames wins 5 mBTC with Lottery Ticket #259
Total pot: 42 mBTCFull Lottery Results are of course public. The next Draw is at Block 458000. As always, you can claim Free Lottery Tickets every day.Next server seed: SODX2E352Lxk26uJ71t94MJ1VS7L677X
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I disagree. The current altcoin rise is based on pure pump speculation from
statements such as yours, which only feeds into what they are attempting.
You could argue the same from Bitcoin. If everybody dumps it, it's worthless, and if everybody wants it, it's value grows exponentially. I really hate that for the first time since I'm using Bitcoin, I feel like I'm losing confidence in it. This is entirely caused by the limited blockspace. Transactions got 50 times more expensive in 2 years, and this isn't going to improve any time soon. Bitcoin is losing market share to altcoins, and many altcoins are now in the bubble-area Bitcoin was 3-4 years ago. In my humble opinion, Bitcoin needs to improve on a technical level before it's being overtaken. Of course not. Simply because bitcoin is first mover and more known. Bitcoin is immensely OVERPROTECTED cryptographically. I never thought of it this way. It's always argued a high difficulty and high hash rate is needed to protect Bitcoin, but indeed, you have a point. All the Bitcoin hashing power could easily be used to hijack an altcoin, but that too doesn't happen. The whole 51%-attack-fear seems overrated. Meanwhile, Bitcoin mining consumes vast amounts of energy, mainly from relatively dirty power plants in China. So, if we really want to have faster transactions, then we have to pay higher fees, and if we are only willing to pay low transaction fees, then we have no right to complain if we are going to wait till our transactions to be confirmed.
Paying more fees doesn't change the fundamental problem: Bitcoin can't handle enough transactions at the moment. If we all decide to pay 100 times more fees (keep in mind it already went up a lot!), we're still waiting just as long! The only result will be that some people can't afford their transaction anymore, and drop out. That |
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at the same time (as you claim), the competition between miners rises as well
Mining is very simple: if it's worth the investment, you can start mining! Google for a "mining calculator", and you get an estimate on the return for a certain hash rate. If the turnover per block goes up, miners earn more money in the short term. Longer term, it will lead to new investments, which will lead to an increase in hash rate, which means a new equalibrium is found until it's not profitable to invest anymore for new actors to join. It's basically standard market economy. |
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it's common misconception that are miners increasing the fee, it's actually the user that by wanting to be first among other is paying more, the more you pay the higher is your transaction priority against other,
Even worse: it's now the default setting of many wallets to "use the best fee". That means most people now just pay more. Paying more doesn't solve the fundamental problem: blocks are too small. In the end this means the high fee still isn't enough, so the next day you'll have to pay more again. Fees have been spiralling up for quite a while now. 0.5 m BTC fee is common now for a small transaction, which is (in dollars) about 50 times more than I used just over a year ago. Unfortunately, I can only conclude this is limiting Bitcoin's growth potential. Mining fee is what motivate the miners to keep mining for traders and generally transactions bitcoin are made possible through activities of miners. So without mining no bitcoin and without bitcoin no transactions and without transactions no fee to pay.
You're going at this the wrong way. More fees means more competition for miners, higher hash rate, paying more on new hardware and electricity. You could argue it becomes harder to do a 51% attack, but in the end it only leads to more competition for miners. If there would be only 1 miner, happily mining on his CPU, blocks could handle exactly the same amount of transactions. We don't need more miners to process transactions, that doesn't change how many transactions Bitcoin can handle at all. |
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The following Rollin users received Free Lottery Tickets (Ticket number(s) shown behind the name):3x Anais_58xi 121,122,123 3x BitLab 124,125,126 6x CASIO 127,128,129,130,131,132 3x Drait 133,134,135 3x Dress 136,137,138 6x Erikalui 139,140,141,142,143,144 2x IIO 145,146 Llozer1 147 2x Mayglia 148,149 6x Naoko 150,151,152,153,154,155 6x RefbackTeam 156,157,158,159,160,161 Scarface4 162 SergiuS 163 Ton 164 6x aRp 165,166,167,168,169,170 2x angayan17 171,172 2x artcode 173,174 3x ashitha 175,176,177 3x batakoluck 178,179,180 4x cryptos 191,192,193,194 6x hitava 195,196,197,198,199,200 3x logged 201,202,203 natsag3 204 2x only 205,206 6x psonowa 207,208,209,210,211,212 rajapalak 213 scarface4 214 9x shanem 215,216,217,218,219,220,221,222,223 9x somuchee 224,225,226,227,228,229,230,231,232 2x star2343 233,234 timoteo 235 2x tnecniv 236,237 tyagi 238 2x visions 239,240 If you posted your name but didn't get tickets, one of these options is most likely the cause:- You used the wrong format in your post. Use this format: Username: Loyce
- The username you posted doesn't exist on Rollin.io
- You never talked in Rollin Chatter Box
- You have Red Trust on Bitcointalk
- You are Blacklisted for abusing this giveaway
- You have already claimed Free Tickets today
- You posted shortly before I posted this, and your post wasn't there yet when my Scraping Bot checked for new posts. If this happened, your post will be included in the next run.
You can always send me a message. Remaining ticket(s) donated in Rollin Chatter Box:- Next Draw is at Block 457500.
Lottery pot: 24 mBTC.
Good luck!
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Congratulations Winners of Draw 457200:
#1 First Prize: LotteryRain wins 12 mBTC with Lottery Ticket #161
#2 Second Prize: FLT wins 6 mBTC with Lottery Ticket #29
#3 Third Prize: bmcgeze wins 3 mBTC with Lottery Ticket #46
Total pot: 21 mBTCFull Lottery Results are of course public. The next Draw is at Block 457500. As always, you can claim Free Lottery Tickets every day.Next server seed: EZNI97EOW8j49Tf85856J9U71E5W4bXI Yes, that's me winning second prize 
I forgot I got tickets already, and didn't get to donate them today. All valid entries will be credited for the next Draw.
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Congratulations Winners of Draw 457000:
#1 First Prize: maksosip wins 24 mBTC with Lottery Ticket #246
#2 Second Prize: SergiuS wins 12 mBTC with Free Lottery Ticket #83
#3 Third Prize: BitLab wins 4 mBTC with Free Lottery Ticket #35
Total pot: 40 mBTCFull Lottery Results are of course public. The next Draw is at Block 457200. As always, you can claim Free Lottery Tickets every day.Next server seed: H53mcThR5A29bXKYGXJNmB4S6hF59102
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The following Rollin users received Free Lottery Tickets (Ticket number(s) shown behind the name):19coma88 31 Attilaloe 32 13x BitLab 33,34,35,36,37,38,39,40,41,42,43 6x CASIO 44,45,46,47,48,49 Drait 50 3x Dress 51,52,53 Ghostbystive 54 IIO 55 3x Llozer1 56,57,58 3x Mayglia 59,60,61 3x Naoko 62,63,64 6x RefbackTeam 65,66,67,68,69,70 2x RemoteConsoleXD 71,72 Scarface4 73 12x SergiuS 74,75,76,77,78,79,80,81,82,83,84,85 2x SimpleRed7 86,87 8x aRp 88,89,90,91,92,93,94,95 angayan17 96 12x artcode 97,98,99,100,101,102,103,104,105,106,107,108 3x ashitha 109,110,111 12x hitava 112,113,114,115,116,117,118,119,120,121,122,123 3x logged 124,125,126 12x maksosip 127,128,129,130,131,132,133,134,135,136,137,138 12x natsag3 139,140,141,142,143,144,145,146,147,148,149,150 3x only 271,272,273 9x psonowa 274,275,276,277,278,279,280,281,282 rajapalak 283 12x sairji 284,285,286,287,288,289,290,291,292,293,294,295 9x shanem 296,297,298,299,300,301,302,303,304 9x somuchee 305,306,307,308,309,310,311,312,313 2x star2343 314,315 2x timoteo 316,317 2x tnecniv 318,319 4x vavilon 320,321,322,323 SergiuS 324 rajapalak 325 If you posted your name but didn't get tickets, one of these options is most likely the cause:- You used the wrong format in your post. Use this format: Username: Loyce
- The username you posted doesn't exist on Rollin.io
- You never talked in Rollin Chatter Box
- You have Red Trust on Bitcointalk
- You are Blacklisted for abusing this giveaway
- You have already claimed Free Tickets today
- You posted shortly before I posted this, and your post wasn't there yet when my Scraping Bot checked for new posts. If this happened, your post will be included in the next run.
You can always send me a message. Happy Hour:username : artcode  username: natsag3  username: maksosip  username: sairji  Username: BitLab  Username: SergiuS  PvP 326,327,328,329,330 Next Draw is at Block 457000.
Lottery pot: 33 mBTC.
Good luck!
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Hi, could you please pm or public your Letter of Guarantee?
Warning to all. Please be careful and always check the URL in your browser as well as Letter of Guarantee. Currently there are lot of phishing sites, like bitmiixer.io or bitrnixer.io
They're always advertising on Google:  Why does Google even allow this? |
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B2: Yes and no. You will have to pay transfer(miners)-fee, so it will be less than 1 BTC.
Let me add to this: NO NO NO! You can mess up your change address if you don't know what you're doing, so just swipe the entire balance (and pay a transaction fee for this) instead of importing the private key. I like using Mycelium Android wallet, it's very easy to import from the QR-code. |
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Is there any chance I'll get back my bets-placed-statistics? I lost all my statistics many months ago due to a server crash or something while I was logged in. Would be nice to get like 40 extra points for the 2 million bets I had  |
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044717BE36B7B7176CE94BDBF60ABB29584CE93412932BE63FFF3F16B70D95E76CFC4A9C86BA687A5E7CF1023724A099C5C19D51F9BE1A2B1F0A2F122FEDC824AB 1 HanakoFor this giveaway 6 characters is too much to do case-insensitive. I gave it a shot, but no luck to find it quickly. I got you this one: Address: 1 HAnAkoSQX2Bv6uCckZvexa5EwHtTvGWZ3 (Balance:  ) PrivkeyPart: 5HzfykyPmaBmMSxYzdn5AArLrkE45QVazLuNx3Kbb5krUsDB77e I can get you the case-insensitive prefix for a small fee, running overnight. |
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My Public Key: 0411C369A81D42B6DD83B1100545AA3EB9825B3E4FB26B77FAFD3D8E9C3E19B212ED77DB1FE290D 665D0A0690E00F419A090694A3DBBD3E678E799CC1588C24AC6 Prefix: 1MaLo or 1Ce18 if possible thank you I got you both. You can use both, but if one were to get compromised, they both are: Address: 1 Ce18umeRbWBfuk9DywqWyfcMLTECANK6a (Balance:  ) PrivkeyPart: 5KUvu6H8A5jHgnf4xABbEcoZgGtcWif2eToLyJKLZsk2y32ZTky Address: 1 MaLoh5UQLHxUmNcKb7muHJiDwF435Ljzv (Balance:  ) PrivkeyPart: 5HsrZcY2pkBCJQDtXhzWEj9SburEyR4T4VU88CRtXifJ1JKFdoJ |
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Puhhh... what i should say to this? Its a coincidence! Theres no proof except im registrated myself two hours later after this DavidXXX. Thats my fault? Is there any other proof you can give? And why you dont inform me about this report? So how can i proof that im not this person you mentioned? My real name is David K.! Thats why im called myself DavidGermany (and im from Germany, want to proof this? Look at my Posts). Timelord, I think you're wrong here. I don't think Humbertin speaks German, he speaks Spanish and bad English. |
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